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ATLANTA — Channel 2 consumer adviser Clark Howard claims Georgians seeking to borrow on the worthiness of the automobile need certainly to understand that the loan can come by having a catch that is big it comes down from the name pawn business.

ATLANTA — Channel 2 consumer adviser Clark Howard claims Georgians seeking to borrow on the worthiness of the automobile need certainly to understand that the loan can come by having a catch that is big it comes down from the name pawn business.

“It’s hard because it makes me so angry,” Howard said for me to stay calm about this.

Howard stated people in need of cash usually move to title companies that are pawn. These dollar that is small include big interest levels.

“Almost always at 300 per cent,” Howard stated.

Griffin resident Mark Walls told Channel 2 Action News which he didn’t have a selection as he pawned the name for his 2007 Chevy Trailblazer. After he was left by an accident not able to work with 2 yrs, their credit plummeted.

“I destroyed every thing. It t k just like a 12 months and half to obtain Social protection began and earnings to arrive. After that, it is only a downfall,” Walls stated.